Mobileye Global Inc. develops and deploys advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions in the United States, Europe, China, and internationally. It operates through two segments, Mobileye and Moovit. The company offers end-to-end ADAS and autonomous driving solutions, including Base ADAS, Cloud-Enhanced ADAS, and Mobileye Surround ADAS, as well as Mobileye SuperVision, Mobileye Chauffeur, and Mobileye Drive. It also provides EyeQ SoC, True Redundancy, and Road Experience Management solutions. Founded in 1999 and headquartered in Jerusalem, Israel, Mobileye Global Inc. is a subsidiary of Intel Corporation.
Mobileye's Robotaxi Ambitions and Stellantis Deal Offset CEO Shakeup
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Mobileye to launch fully owned robotaxi service in 2027 Mobileye announced plans to launch a fully owned robotaxi service in 2027, integrating its self-driving platform with Moovit's mobility app. This moves Mobileye beyond selling tech to running its own fleet, potentially opening a large new revenue stream and boosting long-term growth prospects.
This is a major strategic shift that could significantly increase future revenue and market opportunity.
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Stellantis selects Mobileye's cloud-enhanced ADAS for future vehicles Stellantis will use Mobileye's cloud-enhanced ADAS, including REM road-mapping, in select vehicles from 2027. This validates Mobileye's technology with a major automaker and expands adoption of its data-driven driver-assist systems, supporting future revenue growth.
A concrete customer win that demonstrates demand for Mobileye's core ADAS products.
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Founder CEO Amnon Shashua to step down; Q2 earnings beat Founder and CEO Amnon Shashua will step down after 27 years, though he may become chairman. The surprise leadership change creates uncertainty, but Q2 results beat expectations with adjusted EPS of $0.19 and revenue of $508 million, and adjusted operating profit jumped 46% with raised guidance.
CEO departure is a major event that could affect strategy and investor confidence, while strong earnings provide a positive counterbalance.
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Q2 profit surges 46%, guidance raised, buybacks executed Mobileye's Q2 adjusted operating profit rose 46% year-over-year to a 31% margin, helped by a $93 million R&D credit. The company raised full-year revenue and profit outlooks and bought back $24 million of stock, signaling confidence and improving profitability.
Strong financial performance and raised guidance directly support the stock's value.
Q3 2026
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Mobileye's Robotaxi Ambitions and Stellantis Deal Offset CEO Shakeup
▲
Mobileye to launch fully owned robotaxi service in 2027 Mobileye announced plans to launch a fully owned robotaxi service in 2027, integrating its self-driving platform with Moovit's mobility app. This moves Mobileye beyond selling tech to running its own fleet, potentially opening a large new revenue stream and boosting long-term growth prospects.
This is a major strategic shift that could significantly increase future revenue and market opportunity.
▲
Stellantis selects Mobileye's cloud-enhanced ADAS for future vehicles Stellantis will use Mobileye's cloud-enhanced ADAS, including REM road-mapping, in select vehicles from 2027. This validates Mobileye's technology with a major automaker and expands adoption of its data-driven driver-assist systems, supporting future revenue growth.
A concrete customer win that demonstrates demand for Mobileye's core ADAS products.
◆
Founder CEO Amnon Shashua to step down; Q2 earnings beat Founder and CEO Amnon Shashua will step down after 27 years, though he may become chairman. The surprise leadership change creates uncertainty, but Q2 results beat expectations with adjusted EPS of $0.19 and revenue of $508 million, and adjusted operating profit jumped 46% with raised guidance.
CEO departure is a major event that could affect strategy and investor confidence, while strong earnings provide a positive counterbalance.
▲
Q2 profit surges 46%, guidance raised, buybacks executed Mobileye's Q2 adjusted operating profit rose 46% year-over-year to a 31% margin, helped by a $93 million R&D credit. The company raised full-year revenue and profit outlooks and bought back $24 million of stock, signaling confidence and improving profitability.
Strong financial performance and raised guidance directly support the stock's value.
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Mercedes Signs Production Deal With Wayve for AI Driver Technology
Mercedes-Benz Group AG has entered into a definitive production agreement with British autonomous driving startup Wayve to integrate its AI Driver technology into future Mercedes vehicles, with integration expected to begin within the next two years. The deal marks the first production deployment of Wayve's end-to-end driving AI in a premium vehicle and builds on the existing partnership between the companies, including Mercedes-Benz's investment in Wayve's $1.5 billion Series D funding round earlier this year. Under the agreement, Wayve has integrated its AI Driver with Mercedes' production system architecture, including the automaker's hardware, MB.OS operating system and mapping interfaces. Mercedes-Benz is expanding its MB.OS software platform across the vehicle lineup, including both BEVs and ICE vehicles, and expects to expand its AI-based point-to-point assisted-driving technology into Europe as regulations allow. The company also lowered its 2026 sales outlook and now expects full-year sales to be slightly below 2025 levels, largely because of weaker-than-expected conditions in China, where the auto market declined roughly 20% in the second quarter.
MBG.XETRA · Demand · Negative Mercedes lowered its 2026 sales outlook, expecting full-year sales slightly below 2025 on weak China demand
MBG.XETRA · Technology · Positive Mercedes signed a definitive production agreement to integrate Wayve's AI Driver into future vehicles via MB.OS
Wayve Technologies Limited · Demand · Positive Wayve secured its first production deployment deal, with Mercedes integrating its AI Driver into future vehicles
MBLY · Competition · Negative Mercedes' production deal with rival Wayve for AI driving tech threatens Mobileye's ADAS/autonomous share in premium vehicles
THOR Industries reported second-quarter revenues of $2.31 billion, down 8.4% year on year but exceeding analysts' expectations by 6.1%, even as the company significantly missed analysts' EBITDA and EPS estimates. The RV maker's results came as the 11 automobile manufacturing stocks tracked in the group reported a mixed quarter, with revenues as a group beating consensus estimates by 2.2% while share prices fell an average of 11.1% since the latest earnings results. THOR stock is up 1.4% since reporting and currently trades at $70.93. Among peers, Rivian reported revenues of $1.66 billion, up 27.2% year on year and beating expectations by 7.9%, while Winnebago posted revenues of $698.7 million, down 9.9% year on year and missing expectations by 7.9%. Goodyear reported revenues of $4.25 billion, down 4.8% year on year, and Mobileye reported revenues of $508 million, flat year on year.
THO · Capital · Neutral THOR Q2 revenue beat estimates but missed EBITDA and EPS estimates
WGO · Capital · Neutral Winnebago cited as peer with revenue down 9.9% and missing expectations
GT · Capital · Neutral Goodyear reported revenues of $4.25 billion, down 4.8% year on year, mentioned only as part of the mixed auto-manufacturing group.
MBLY · Capital · Neutral Mobileye reported revenues of $508 million, flat year on year, mentioned only in passing among peers.
RIVN · Capital · Neutral Rivian reported revenues of $1.66 billion, up 27.2% year on year and beating expectations, but is only a peer comparison in THOR's story.
Mobileye Director Buys Nearly 12,000 Shares After Stock Decline
Mobileye Global director Safroadu Yeboah-Amankwah purchased 11,841 shares of the company's Class A Common Stock on Aug. 6, 2026, according to an SEC Form 4 filing. The transaction was valued at $100,175, based on a weighted average purchase price of $8.46 per share, and increased the director's direct ownership stake by 16% to 84,336 shares. The purchase followed a one-year decline of 39% in the stock as of the transaction date, though shares have since appreciated to $8.73 as of the Aug. 7, 2026, market close. Mobileye Global, a Jerusalem-based developer of advanced driver assistance systems and autonomous driving technologies, currently has a market capitalization of $7.5 billion, trailing twelve-month revenue of $2 billion, and a net loss of $4 billion. The insider buy comes after the company announced on July 23 that CEO and co-founder Amnon Shashua was stepping down, and after second-quarter earnings showed mostly flat revenue with a $20 million increase in full-year revenue guidance at the midpoint.
Zacks Highlights NIO, Mobileye, Hesai, and Ouster as Top Stocks for Rising EV and AV Adoption
Zacks Investment Research identifies NIO, Mobileye Global, Hesai Group, and Ouster as four stocks poised to benefit from accelerating electric vehicle and autonomous driving adoption. The global EV market saw sales climb 20% year over year to more than 20 million units in 2025, according to the International Energy Agency, with projections of 23 million units in 2026. The autonomous vehicle market is forecast to grow from $3.36 trillion in 2025 to $41.75 trillion by 2034, per Fortune Business Insights. NIO is gaining traction with its expanded lineup including the ES8 and ES9 models and its Onvo and Firefly sub-brands, while Mobileye advances its EyeQ platform and autonomous mobility partnerships with Volkswagen and Stellantis. Hesai expects lidar shipments to nearly double to 3 to 3.5 million units in 2026, and Ouster launched its REV8 native color lidar platform, scaling production through Benchmark Electronics.
Automotive Head-Up Display Market Projected to Reach $4.71 Billion by 2033
The global automotive head-up display market is projected to reach $4.71 billion by 2033, driven by the increasing adoption of connected vehicle ecosystems and advanced driver assistance systems. Advances in augmented reality HUDs, projection technology, and display resolution are enabling broader integration across both premium and mid-segment vehicles, enhancing driver safety through real-time visualization of critical information. Europe remains a key market due to stringent safety regulations and the presence of leading OEMs, while North America sees growing opportunities in semi-autonomous vehicles. Key players are innovating with navigation overlays, collision warnings, and adaptive cruise control information in the driver's line of sight. In other trading, Mobileye Global rose 7.8% to $8.05, while Kia fell 12.9% to finish at ₩130,500.
Mobileye Stock Plunges 15% Despite Strong Results as Founder Amnon Shashua Steps Down
Mobileye Global shares plunged roughly 15% on July 23, 2026, their steepest drop in nearly two years, even after the autonomous-driving pioneer posted second-quarter revenue of $508 million and adjusted EPS of $0.19, both comfortably ahead of Wall Street expectations, and raised full-year guidance. The sell-off was triggered by the announcement that founder and long-time CEO Amnon Shashua, who built Mobileye from a 1999 Israeli startup into the world's leading supplier of advanced driver-assistance systems, is stepping down after 27 years once a successor is named, while the company also guided for a 5% to 6% sequential revenue decline in the third quarter. Despite the negative market reaction, Mobileye's core business remains strong, with plans to launch its own robotaxi service in a U.S. city in 2027 and a major production program with a leading U.S. automaker to add its Driver Monitoring System to future vehicles powered by the EyeQ6L chip, with production set to begin in 2027. Analysts have a consensus Moderate Buy rating on the stock with an average price target of $13.11, suggesting a potential 62.9% upside, though Wolfe Research recently downgraded the stock to Peer Perform from Outperform, citing few near-term growth drivers.
Mobileye Q2 earnings beat estimates on Israeli R&D grant
Mobileye Global reported second-quarter 2026 adjusted earnings of 19 cents per share, beating the Zacks Consensus Estimate of 6 cents by 216.7% and rising 50% year over year, aided by an Israeli R&D incentive grant that reduced research and development expenses. Revenues of $508 million surpassed the consensus estimate of $484 million by 5% and edged up 0.4% year over year, while systems shipped rose 3% to 10 million, though lower EyeQ pricing limited revenue growth. Adjusted operating income climbed 46% to $155 million, lifting adjusted operating margin to 31% from 21%, primarily reflecting the R&D incentive grant recognized in the quarter for the entire first half of 2026. The company raised its full-year 2026 revenue outlook to $1.97-$2.02 billion from the prior range of $1.94-$2.02 billion, and sharply increased its adjusted operating income projection to $365-$425 million, mainly due to an expected non-GAAP R&D grant benefit of $180-$200 million for the year.
Vita Coco and Domo rally while Mobileye falls in premarket trading
U.S. stock futures pointed lower on Thursday amid a deluge of earnings reports and rising oil prices. Vita Coco surged 8.8% after second-quarter net sales rose 28% to $216 million and adjusted EBITDA reached $67 million, well above estimates. Domo soared 21% on news that Progress Software will acquire substantially all of its assets for $400 million in cash. Mobileye fell 4.4% as founder and CEO Amnon Shashua announced plans to step down, overshadowing an earnings beat. Dow Inc. slipped 2.8% despite adjusted earnings per share of $1.44 topping forecasts, while Hut 8 gained 6.0% after Morgan Stanley initiated coverage with an Overweight rating and a $263 price target.
Stellantis will integrate Mobileye Global's cloud-enhanced advanced driver-assistance and Road Experience Management technologies into select models starting in 2027, initially rolling out features like enhanced lane keeping and hands-free driving in certain U.S. vehicles. This partnership underscores Mobileye's position as a key ADAS software and data provider as automakers seek richer safety features and recurring software revenue streams. The deal reinforces the investment narrative around broad OEM adoption of Mobileye's ADAS and autonomous software and supports near-term catalysts around winning and scaling programs like SuperVision and Chauffeur. However, it does not remove key risks tied to auto demand, tariffs, and potential delays in OEM decisions on higher-end ADAS platforms. Consensus revenue expectations for Mobileye are around US$1,935 million to US$2,015 million in 2026, while the company's own narrative projects $3.2 billion revenue and $6.2 million earnings by 2029, requiring 16.3% yearly revenue growth and an earnings increase of about $4.1 billion from a current loss of $4.1 billion.
MBLY · Demand · Positive Stellantis will integrate Mobileye's ADAS and REM technologies, reinforcing OEM adoption and software monetization.
STLA · Technology · Neutral Stellantis is adopting Mobileye's technology, but the impact on Stellantis itself is not discussed; it's a customer announcement.
Mobileye to supply cloud-based driver assistance technology to Stellantis
Israel's Mobileye Global announced it will provide cloud-based advanced driver assistance technology to European-American auto giant Stellantis. Starting in 2027, select Stellantis models will be equipped with Mobileye's Road Experience Management technology, using crowdsourced road data to enhance the accuracy of lane keeping and hands-free driving. The first deployment is planned for some models in the United States next year, with broader rollout varying by vehicle platform and specifications. Stellantis becomes the fifth among the world's top ten automakers to contribute data to Mobileye's REM platform, where over eight million vehicles recorded 34 billion miles of data last year.
Intel Stock Drops 9% in One Session, Erasing Recent Gains Under CEO Lip-Bu Tan
Intel shares fell 8.18% in a single session, giving back a chunk of the 278.4% year-to-date gain achieved under CEO Lip-Bu Tan. The drop comes despite six consecutive quarters of revenue above expectations, a $5 billion equity investment from NVIDIA, a $2 billion stake from SoftBank, and a U.S. government ownership position. While non-GAAP EPS of $0.29 beat consensus and Data Center and AI segment revenue grew 22% year over year, the company still posted a $3.73 billion GAAP net loss and negative free cash flow of $3.87 billion last quarter. With 31 of 48 analysts rating Intel a Hold and a consensus target implying roughly 23% downside, the next key catalyst is the Q2 2026 earnings report on July 23.
Innoviz Technologies to Supply LiDAR for Mobileye Robotaxi Fleet
Innoviz Technologies announced on June 22, 2026, that it is supplying LiDAR units for Mobileye Global's Drive platform, which will be used in Mobileye's planned robotaxi service. Each vehicle in the fleet will integrate nine InnovizTwo LiDARs for full 360-degree coverage, representing a potential opportunity of more than 150,000 units as the fleet scales. Mobileye had earlier revealed plans to launch its own ride-hailing service in a major U.S. city in 2027, starting with roughly 100 robotaxis and aiming to expand to approximately 17,000 vehicles over five years. The initiative combines Mobileye Drive with the digital infrastructure of its Moovit subsidiary. Jefferies analyst Vanessa Jeffriess recently initiated coverage of Mobileye with an Underperform rating and an $8 price target, citing uncertain medium- to long-term outcomes.
Autonomous Driving Software Market to Reach $8.23 Billion by 2035
The global autonomous driving software market is projected to grow from $2.32 billion in 2025 to $8.23 billion by 2035, at a compound annual growth rate of 13.58%. Perception and planning software held the largest share at approximately 43% in 2025, while interior sensing software is the fastest-growing segment driven by regulatory mandates. North America led with about 39% of revenues in 2025, with the U.S. market alone valued at $0.64 billion and expected to reach $2.27 billion by 2035. Key players include Waymo, NVIDIA, Mobileye, Qualcomm, and Aurora Innovation, with Waymo raising a $16 billion funding round in 2025 to expand robotaxi deployment.
Innoviz sees over 150,000 LiDAR unit opportunity as Mobileye launches robotaxi business
Innoviz Technologies sees a potential opportunity of more than 150,000 LiDAR units from Mobileye's newly announced vertically integrated robotaxi business. Mobileye plans to deploy an initial fleet of approximately 100 vehicles in a major U.S. city in 2027, scaling to approximately 17,000 vehicles over the following five years. The current configuration of the Mobileye Drive platform integrates nine InnovizTwo LiDARs per vehicle, providing 360-degree coverage. Innoviz CEO Omer Keilaf said the decision reflects the maturity of the platform and confidence in the full technology stack.
Robotics & Physical AI › LiDAR & 3D Perception Sensors ▲Demand
Robotics & Physical AI › Robotaxi Operators & Platforms ▲Competition
MBLY · Demand · Positive Mobileye's robotaxi business plan includes up to 17,000 vehicles, each integrating nine InnovizTwo LiDARs, creating a potential demand for over 150,000 units from Innoviz.
Tesla must hit Robotaxi milestones for stock momentum, Wolfe Research says
Wolfe Research says Tesla shares need progress on robotaxi and humanoid robotics to sustain momentum, even as the company is on track for a solid second quarter. Analyst Emmanuel Rosner estimates Tesla will deliver 420,000 units globally in Q2, about 10% above the year-ago period and ahead of the consensus of around 400,000 units. He projects automotive gross margins excluding credits in the low-18% range and earnings per share of approximately $0.50 to $0.52, above the $0.45 consensus. However, the firm cautioned that core businesses represent only a small piece of Tesla's valuation, with the bigger part tied to confidence in longer-term initiatives where ramp curves are shallower than previously expected, most notably in robotaxi, and Tesla is likely to miss its first-half deployment targets. Rosner also flagged intensifying competition from Waymo's planned expansion into 20 cities this year, Mobileye's deployment of 100 robotaxis by 2027, and accelerating humanoid production from Figure AI and Boston Dynamics.
Mobileye Plans Vertically Integrated Robotaxi Launch in 2027
Mobileye announced plans to launch its own vertically integrated autonomous ride-hailing business, with an initial fleet of 100 fully driverless robotaxis set to deploy in a major, unnamed U.S. city in 2027. If successful, the company aims to scale the fleet to about 17,000 vehicles over the following five years. The initiative marks a strategic shift from its traditional role as an ADAS supplier, combining its proprietary Mobileye Drive system with the infrastructure of its Moovit subsidiary. Mobileye will partner with external vehicle platforms and fleet managers rather than manufacturing its own cars. Wall Street analysts maintain a Moderate Buy consensus rating on the stock, with a mean price target of $13.17 implying over 35% upside.
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